Talent Management Strategies in Waitrose: A Case Study

This presentation focuses on talent management strategies in Waitrose, analyzing the concepts, challenges, and recommendations for attracting and retaining employees. It includes a literature review, project management plan, research methods, data presentation, and communication of recommendations.

Managing a Successful Business
Project

Table of Content
Introduction
Project aims and objectives
Literature Review
Project management plan
Work breakdown structure and Gantt chart
Research Methods
Presentation of the data and findings
Communication of the recommendations
Reflection
Conclusion
References

Introduction
Talent management is related with analysing the overall
workforce management scenario in a organisation. It is
related with the process of attracting retaining and
developing employees for longer time period. There are
diverse organisational strategies that can help in
maximisation of employees overall potential.

Project Aim and Objectives
Aims: “To identify talent management strategies do the best companies are
using to attract and retain people in long run”. A case study on Waitrose.
Objectives:
To understand the basic concept of talent management strategies
To identify strategies required to attract and retain people in Waitrose
To analyse challenges associated with attracting and retaining people in
Waitrose.

Literature Review
Basic concept of talent management strategies
As per views of Karin Ansari (2016), there are different talent management
strategies that can be used in organisations for the purpose of attracting and
retaining employees in order to maximise their present potential level.

Project Management Plan
COST: In the present research work there is need to incur some of the cost
that is related with procurement of resources.
Scope: the scope of research is based on analysing the different talent
management strategies that can be used in organisations for the purpose of
maximisation of the present value of employees.
Time: it is every important for the researcher to identify the overall time
frame in which the overall project has to be completed.

Work Breakdown Structure and Gantt Chart
In a research activity, a work-break structure (WBS) is a deliverable-oriented
breakdown of a project down into smaller parts., 2018).

Continue…
Gantt charts are analysis
tools that aid in the planning
and scheduling of projects of
all kinds, but they are
especially beneficial for
simplifying complex
projects.

Research Methods
Primary method: It is, also known as raw data, is data gained directly
from the source through tests, surveys, or inspections.
Secondary research: Secondary data is information gathered by
someone other than the original user.

Continue…
Reliability: the overall reliability of the information is based on collecting
primary sources of information that is helping in the completion of research
work as per high degree of relevance. The first hand collected information will
help in enhancing the authenticity of the overall report.
Accuracy: The research report consists of reliable and accurate form of
information because there is a mix of both primary and secondary sources of
collecting data.

Continue…
Interpretation: there is interpretation of the collected primary sources of data
by using thematic analysis and pie chart for the purpose of interpreting the
information.
Sample size: the overall sample size that is part of the present research report
is based on using 40 respondents.

Continue…
Sampling method: In the present research because of the covid-19 research is
done online and for this a respondent size of 40 was effective. It helped in the
process of having sufficient information because it was not possible to gther
information by physically visiting the organisation therefore online mediums
have been used by the researcher.

Presentation of the data and findings
Interpretation: According to the pie chart
mentioned above, it is understood that, 30 of the
respondents out of 40 selected option “yes”
which shows that they have a basic
understanding about talent management.
Q1 Do you understand the basic talent management concept? Frequency
a) Yes 30
b) No 10
30
10
a) Yes
b) No

Continue…
Interpretation: : With the help of the pie chart
presented above, it is assumed that, through
proper talent management strategies Waitrose
can keep its employees retained and attracted
for longer period of time.
Q3 Do you think talent management strategies can be helpful for Waitrose in order to
attract and retaining people for longer time period?
Frequency
a) Yes 36
b) No 4
36
4
a) Yes
b) No

Communication of the
recommendations
Research is conducted in order to explore the factors that have not been
explored yet. In relation to business, they conduct research in order to
know the market performance of a respective company so that overall
performance can be improved by giving better and excellent services to its
customers. In accordance to this research, after analysing all the above
points, it is recommended to the company that Waitrose should identify its
ideal workers because seeking the right worker will probably give a better
return.

Reflection
This section of the research is concern with the experience a researcher
has while conducting the research. In context with this report, where I
gained enormous knowledge about the topic on the same time, I faced
certain issues and problems. Unlike others the main issue that I faced
was related to time and money.

Conclusion
From the above report, it has been concluded that, talent
management is very important for an organisation and
one should incorporate this element in order to improve
workforce management. Primarily the activities related
to the talent management is performed by the
department of human resource because they are
responsible for the process like hiring,

References
Claus, L., 2019. HR disruption—Time already to reinvent talent
management. BRQ Business Research Quarterly, 22(3), pp.207-215.
Whysall, Z., Owtram, M. and Brittain, S., 2019. The new talent
management challenges of Industry 4.0. Journal of management
development.
Sparrow, P., 2019. A historical analysis of critiques in the talent
management debate. BRQ Business Research Quarterly, 22(3), pp.160-
170.

Thank You